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A pay-for-performance plan in which employees are paid according to their productivity is referred to as

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A pay-for-performance plan in which employees are paid according to their productivity is referred to as piece rate.

What is piece rate?

Piece rate  can be defined as the process in which employee are being paid based on the number of product produced by the employee.


Some companies or employer tend to make use of piece rate pay by paying their employee based on the quantity of goods the company manufacture on a daily basis.

Inconclusion a pay-for-performance plan in which employees are paid according to their productivity is referred to as piece rate.

Learn more about piece rate here:https://brainly.com/question/10679570

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